Kansas City Chiefs, Alex Smith still in talks about contract extension
Alex Smith and the Kansas City Chiefs are still in talks regarding a contract extension for their starting quarterback who helped guide them to the playoffs in his first season with the team since coming over from the San Francisco 49ers in a trade.
#Chiefs QB Alex Smith says his agent has been talking to Chiefs about contract extension and leaves it up to him.
— Randy Covitz (@randycovitz) April 21, 2014
The Chiefs parted with a 2013 second round pick and a 2014 secound rounder to acquire Smith from San Francisco after he became expendable with the emergence of Colin Kaepernick.
Smith is in the final year of a contract that pays him $7.5 million and counts the same amount against the cap. An extension would create some cap space and allow the team to pursue any potential salary cap casualties when cuts are made in June.
Considering the price given up to acquire Smith and the fact he is coming off career-highs for passing and rushing yards and passing touchdowns, it would appear likely that both parties come to an agreement, possibly before the start of training camp.